Publicity-hound Yost has sights on wrong members of State Teachers Retirement System board

Letters to the editor
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May 15, 2024; Columbus, Ohio, USA; The State Teachers Retirement System of Ohio board member Wade Steen speaks during a board meeting. The state's second largest public pension fund, oversees about $90 billion invested on behalf of 500,000 teachers and retirees.
May 15, 2024; Columbus, Ohio, USA; The State Teachers Retirement System of Ohio board member Wade Steen speaks during a board meeting. The state's second largest public pension fund, oversees about $90 billion invested on behalf of 500,000 teachers and retirees.
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Yost trying to oust wrong STRS board members

Ohio Attorney General Dave Yost's latest assault on certain State Teachers Retirement System board members demonstrates his bias against the democratic STRS board voting process and common sense.

If he really wants to assure that the STRS board is acting in the best interest of the teachers, some of us think he would be asking for removal of the current members who authorize lavish spending on employees' and money-losing investment advisers' bonuses.

If Wade Steen and other members who favor another set of investments, which I agree do not seem very prudent, manage to convince the then-board to authorize that approach, then Yost might have a case. Right now, there is nothing but discussion, no actions.

Right now, it's just another example of publicity-hound Yost using his powers to abuse those who disagree with him.

Michael Howard, Westerville

This article originally appeared on The Columbus Dispatch: Wrong state teachers' pension board members being targeted in lawsuit